Pujiang International Group (HKSE:02060) EBIT: HK$357 Mil (TTM As of Jun. 2023)

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HKSE:02060 Pujiang International Group Ltd HKSE:02060
4 GF Score
Price HK$0.19
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What is Pujiang International Group EBIT?

Pujiang International Group HKSE:02060 4 EBIT is HK$357 Mil as of Jun. 2023. GuruFocus rates HKSE:02060 with a GF Score™ of 4/100.

Pujiang International Group's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2023 was HK$135 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2023 was HK$357 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pujiang International Group's annualized ROC % for the quarter that ended in Jun. 2023 was 5.45%. Pujiang International Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 14.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pujiang International Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 15.16%.

Pujiang International Group  (HKSE:02060) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pujiang International Group's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=314.15 * ( 1 - 18.79% )/( (4532.77 + 4827.033)/ 2 )
=255.121215/4679.9015
=5.45 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6248.747 - 1097.174 - ( 618.803 - max(0, 3539.251 - 5542.08+618.803))
=4532.77

Invested Capital(Q: Jun. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=6333.61 - 1221.193 - ( 285.384 - max(0, 3656.606 - 5707.044+285.384))
=4827.033

Note: The Operating Income data used here is two times the semi-annual (Jun. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Pujiang International Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=270.422/( ( (320.787 + max(1490.57, 0)) + (314.971 + max(1624.995, 0)) )/ 2 )
=270.422/( ( 1811.357 + 1939.966 )/ 2 )
=270.422/1875.6615
=14.42 %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1722.318 + 627.572 + 299.817) - (1097.174 + 0 + 61.963)
=1490.57

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1966.018 + 609.138 + 304.857) - (1221.193 + 0 + 33.825)
=1624.995

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pujiang International Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2023 )
=356.958/2354.379
=15.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pujiang International Group EBIT Related Terms

Pujiang International Group EBIT Historical Data

* Premium members only.

The historical data trend for Pujiang International Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pujiang International Group EBIT Chart

Pujiang International Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EBIT
Get a 7-Day Free Trial 257.98 262.80 350.43 441.08 394.39

Pujiang International Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.88 231.40 181.22 221.75 135.21

HKSE:02060 vs ATI, MLI, ESAB: EBIT Comparison

For the Metal Fabrication subindustry, Pujiang International Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pujiang International Group EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pujiang International Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pujiang International Group's EV-to-EBIT falls into.


HKSE:02060
4GF Score
Pujiang International Group Ltd HKSE:02060
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pujiang International Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$357 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$357 Mil mean?
Pujiang International Group (HKSE:02060) has a EBIT of HK$357 Mil as of Jun. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pujiang International Group.
Is Pujiang International Group's EBIT too high?
Pujiang International Group's current EBIT is HK$357 Mil. Overall, Pujiang International Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pujiang International Group's EBIT compare to ATI and MLI?
Pujiang International Group's EBIT of HK$357 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pujiang International Group. Pujiang International Group's current EBIT is HK$357 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pujiang International Group stock overvalued right now?
Pujiang International Group (HKSE:02060) has a current EBIT of HK$357 Mil. The current EBIT is HK$357 Mil. Pujiang International Group's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pujiang International Group (HKSE:02060), the current EBIT is HK$357 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Pujiang International Group Business Description

Address 518 Shangcheng Road, 16th Floor, Shanghai, CHN, 200120
Pujiang International Group Ltd is a provider of bridge cables for the construction of super-long-span bridges in China and prestressed materials manufacturers in China. It is principally engaged in the manufacture of cables for the construction of bridges and prestressed materials for various infrastructure construction. The company has two main reporting business segments, namely, the business which manufactures cables for long-span bridges (the Cable Business) and the business which manufactures prestressed materials for various infrastructure construction (the Prestressed Materials Business). The Group's revenue customers are derived mainly from its operations in China.
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Get the complete analysis for HKSE:02060

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.19
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